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commanda
on April 9, 2012
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Facebook acquires Instagram
Wait a sec - if the investors put in $50M and the sale price was $1B, isn't that a 20x return in 2 months? Or am I doing the math wrong?
mthreat
on April 9, 2012
[–]
For $50M the investors didn't buy 100% of the company. They bought something around 10% (assuming the valuation was $500M)
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